"Attention! Kroo, a digital bank in the UK, has decided to stop allowing cryptocurrency transactions starting May 30. They're worried about the rise in online fraud and scams. The bank will limit accounts involved in crypto trading and might even close accounts that keep making these transactions. This decision is similar to what other UK challenger banks like Starling Bank and Chase UK have done. 🏦

Globally, banks are worried about the safety of crypto. The Central Bank of Russia said that almost half of the financial fraud cases in the country in 2023 were linked to crypto. What do you think about this? 💭 Let's chat about it below!"